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Consolidated Statements of Financial Position (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Investments:    
Fixed maturities available-for-sale, at fair value (cost: $1,362,404 and $1,343,755 in 2022 and 2021, respectively) $ 1,237,004 $ 1,470,617
Equity security 12,711 14,844
Policy loans 78,586 80,307
Other long-term investments (portion measured at fair value $64,732 and $56,038 in 2022 and 2021, respectively) 66,002 57,399
Total investments 1,394,303 1,623,167
Cash and cash equivalents 22,407 27,294
Accrued investment income 16,497 16,197
Reinsurance recoverable 3,426 5,539
Deferred policy acquisition costs 140,713 140,380
Cost of insurance acquired 10,555 10,611
Current federal income tax receivable 1,016 762
Property and equipment, net 13,689 14,074
Due premiums 9,538 10,748
Other assets (less allowance for losses of $338 and $111 in 2022 and 2021, respectively) 6,801 5,739
Total assets 1,618,945 1,854,511
Future policy benefits reserves:    
Life insurance 1,293,464 1,278,987
Annuities 88,760 83,918
Accident and health 745 784
Dividend accumulations 39,622 37,760
Premiums paid in advance 39,636 40,690
Policy claims payable 8,475 14,590
Other policyholders' funds 35,426 30,690
Total policy liabilities 1,506,128 1,487,419
Commissions payable 1,917 2,285
Deferred federal income tax payable 1,893 15,456
Payable for securities in process of settlement 3,291 0
Other liabilities 29,477 28,780
Total liabilities 1,542,706 1,533,940
Commitments and contingencies (Note 8)
Stockholders' equity:    
Accumulated deficit (50,446) (45,565)
Accumulated other comprehensive income:    
Net unrealized gains on securities, net of tax (122,948) 117,492
Treasury stock, at cost (21,401) (20,101)
Stockholders' equity 76,239 320,571
Total liabilities and stockholders' equity 1,618,945 1,854,511
Common Stock Class A [Member]    
Stockholders' equity:    
Common stock 267,850 265,561
Common Stock Class B [Member]    
Stockholders' equity:    
Common stock $ 3,184 $ 3,184